Amazon Q4 Faces Currency Headwinds, Profit Issues

By | January 28, 2015

Scalper1 News

Amazon.com (AMZN) faces adverse foreign currency trends ahead of its fourth-quarter earnings release after the close Thursday, causing some analysts to lower their price target on the stock. The consensus estimate of 45 analysts polled by Thomson Reuters is for the e-commerce king to post earnings per share minus items but including options of 17 cents a share, down 67% from 51 cents in the year-earlier quarter, on sales of $29.68 billion, up 16%. Scalper1 News

Scalper1 News